Beach Energy Limited and Cooper Energy Limited have announced that Penneshaw-1, an oil exploration well located in PR L 87 on the western flank of the Cooper basin, South Australia, spudded on Tuesday, Nov. 22, 2016 at 00:15 hours.

Veolia has been awarded a multi-million dollar contract for the supply of the customized water flood water treatment system on the Ngujima-Yin Floating Production Storage and Offloading (FPSO) facility that will operate in Woodside’s Greater Enfield Area Development fields, offshore northwest Australia.

Falcon Oil & Gas Ltd. has announced that Origin Energy Resources Limited, the company's Joint Venture partner, has submitted a notification of discovery and an initial report on discovery to the Department of Primary Industry and Resources (DPIR) of the Northern Territory, Australia on the A mungee NW - 1H well in the Beetaloo basin, Australia.

BP has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for resources in one of the world’s last frontier regions and before it could drill a single well.

Karoon Gas Australia has been awarded a license for exploration permit EPP46. The permit covers 17,793 km2 of Australia’s most active and prospective frontier oil province, the Ceduna sub‐basin, in the Great Australian Bight (GAB), offshore South Australia.

CGG announced today that the final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multi-client survey in the northern Carnarvon basin on the North West Shelf of Western Australia is available now.

The INPEX-led Ichthys LNG project has reached a key milestone with both its central processing facility (CPF) and FPSO facility safely starting up their main power generators in the South Korean shipyards where they are being constructed.

Frank Calabria, who was named Friday as Origin Energy Ltd.’s new CEO, said he’ll focus on paying down a A$9-billion ($6.8-billion) debt pile and consider more asset sales when he takes over from Grant King next month.

Woodside Petroleum may look to funnel gas from Scarborough field off Western Australia to one of its existing LNG plants after agreeing to a $400-million deal to buy half of BHP Billiton Ltd.’s stake in the remote offshore resource.

Zilift, a developer of permanent magnet technologies for artificial lift applications, has signed an agreement with Auscoil, an oilfield services solutions provider for the Australian Coal Seam Gas (CSG) industry.

Cooper Energy Limited has announced the recommencement of drilling by the PEL 92 joint venture with the spudding of Callawonga-12, an oil development and appraisal well located in PPL 220 on the western flank of the Cooper basin, South Australia.